Pan masala, tobacco manufacturers may have to pay Rs 1 lakh penalty for packing machines not registered under GST

Pan masala and tobacco manufacturers that do not register their packing machines with goods and services tax (GST) authorities may face a penalty of Rs 1 lakh per machine. Further the machine could also be confiscated by the GST department. To this effect, the Finance Bill, 2024, which was tabled along with the Interim Budget 2024-25, has introduced a section 122 in the Central Goods and Services…